But why are gold prices rising? Because BRICS is stacking gold bricks, and the Russian sanctions eroded the store-of-value function of the dollar.And why did the Fed hike rates and devalue Treasuries? Because inflation was eroding the purchasing power of the dollar. https://t.co/PkkYeWPggWDaniel Di Martino 🇺🇸🇻🇪 (@DanielDiMartino):@balajis This is just the mechanical effect of rising gold prices and reduced US treasury value amid higher interest rates... not that gold holdings and treasury holdings changed m ...

US-India Trade Relations - The US imposed a 50% tariff on goods imported from India due to India's continued purchase of Russian oil [1] - This action contradicts Apple CEO's announcement of increasing iPhone manufacturing in India for the US market [1] - India is re-evaluating its relationship with China and Russia due to the US's unfriendly attitude [1] India's Geopolitical Shift - Indian Prime Minister Modi is scheduled to visit China in 2025 for the SCO summit, signaling a potential shift in relations [1] - India is deepening its strategic partnership with Russia, despite US sanctions [1] - India's actions suggest a stronger alignment with the BRICS economic alliance [1]

Geopolitical & Economic Implications - BRICS (巴西、俄罗斯、印度、中国和南非) 正在创造历史 [1]

RT Bloomberg em Português (@BBGEmPortugues)Gabriel Galípolo fala em evento. Focus corta projeção para inflação em 2025 e 2026. Lula e Putin conversam sobre cooperação entre o BRICS. Se inscreva para receber o conteúdo gratuito da nossa newsletter https://t.co/VV9zqm6MCc ...

Russian President Vladimir Putin called Brazilian counterpart Luiz Inácio Lula da Silva to discuss cooperation among so-called BRICS countries, whose loose alliance has been energized by US tariff policy https://t.co/NDbw6tlZGb ...

Trade Relations & Geopolitics - BRICS members hold differing views on tariffs and other issues [1] - Not all BRICS members are anti-American [1]

Trade Deals & Tariffs - Numerous trade deals are expected, favoring the US [1] - The US is adopting a tougher stance, leading countries to offer better terms [2] - Some countries are offering total access with no tariffs [3] - The US aims to collect money from countries perceived as taking advantage [4] BRICS & Dollar Standard - A 10% tariff may be imposed on BRICS member countries [5][6] - BRICS is viewed as a potential threat to the US dollar's dominance [5][7] - The US intends to maintain the dollar as the world standard [7][8][9] - Losing the dollar's world standard status is equated to losing a major war [8]

Currency Performance - The Indian rupee was among the worst-performing emerging Asian currencies [1] Geopolitical Factors - President Trump threatened harsher tariffs on nations backing "Anti-American policies" of the BRICS bloc [1]

Trade Policy - US President Trump threatens an additional 10% tariff on BRICS nations, labeling them 'Anti-American' [1] - Tariff letters regarding the new tariffs will be sent out today [1]

Trade Policy - US to impose an additional 10% tariff on countries aligning with "the Anti-American policies of BRICS" [1] Geopolitical Implications - Increased uncertainty in US trade negotiations [1]